Keller Rohrback L.L.P. Files Class Action Lawsuit on Behalf of Wells Fargo Customers Nationwide

Attorney Advertising. Keller Rohrback L.L.P. has filed a class action lawsuit against Wells Fargo Bank (NYSE: WFC) alleging the bank victimized its customers by using illegal, fraudulent, and deceptive tactics to boost sales of its banking and financial products.

Keller Rohrback L.L.P. Files Class Action Lawsuit on Behalf of Wells Fargo Customers Nationwide (Photo: Business Wire)

Wells Fargo has recently been in the news due to allegations of unfair, unlawful, and fraudulent conduct including forcing employees to misuse customers’ confidential information and refuse to close accounts even when customers complained.

The complaint, filed on behalf of a California consumer and other Wells Fargo customers nationwide, includes detailed allegations about Wells Fargo’s “gaming” of customers, including inside information from a current Wells Fargo employee who saw bank employees open unauthorized accounts on a “nearly daily basis.”

“We have heard from Wells Fargo customers in multiple states who have been charged fees or faced collection actions for accounts they did not sign up for,” said Matthew Preusch, an attorney in Keller Rohrback’s Santa Barbara office.

Wells Fargo’s practices have caused significant stress to, and hardship and financial losses for, its customers, the complaint alleges. Specifically, Wells Fargo has allegedly: (a) withdrawn money from customers’ authorized accounts to pay for the fees assessed by Wells Fargo on unauthorized accounts opened in customers’ names; (b) placed customers into collections when the unauthorized withdrawals from customer accounts went unpaid; (c) placed derogatory information in credit reports when unauthorized fees went unpaid; (d) denied customers access to their funds while Wells Fargo stockpiled account applications; and (e) caused customers to purchase identity theft protection.

“As a result of its deceptive and illegal practices, Wells Fargo has engineered a fee-generating machine that produces extraordinary profits for the corporation at the significant expense of its customers,” the complaint says.

The class action complaint comes after a separate lawsuit against the bank by the Los Angeles City Attorney. The City Attorney is warning customers to scrutinize their bank statements and pay extra attention to online accounts. Customers should also review bank statements for suspicious withdrawals ranging from $25 to $100, the same amounts needed to open a Wells Fargo checking or savings account.

• Have accounts that you have closed remained open?
• Have you received debit or credit cards you didn’t ask for?
• Have you incurred charges on any of these accounts that you have not authorized?

If you are concerned about suspicious withdrawals or activities related to one or more of your Wells Fargo accounts, please contact attorney Gretchen Freeman Cappio at (800) 776-6044 or via email at consumer@kellerrohrback.com.

The case is Jabbari v. Wells Fargo & Company and Wells Fargo Bank, N.A., in the Northern District of California. A copy of the complaint is available at krcomplexlit.com.

Keller Rohrback L.L.P., with offices in Seattle, Phoenix, New York, and Santa Barbara, serves as lead and co-lead counsel in class actions throughout the country. Our Complex Litigation Group is proud to offer its expertise to clients nationwide, and our trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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